Waterfront Station Tops Out
20 03 2009The Waterfront Station project in Southwest has finally reached it’s full height! The 2.5 million square foot mixed-use project is being built on the site of the former Waterside Mall that was demolished last year. Dispite the current market, this project is fully funded and the first two buildings along with the restored 4th Street will be finished in 2010.
For an area of town that has seen it’s share of poorly planned development, this project is going to have a big impact on the neighborhood. We are excited to see how this thing shapes up. [Renderings: Shalom Baranes Architects]
a block east and you have the projects. a block north, and you have the projects.
what’s the impact of that? will these projects ever go away? i work near there and see tons of drug dealing right next door.
great new structure, but the surroundings are … NASTY.
i have a friend who wants to sell her condo (directly in front of the metro stop), but no one is entertaining it. i don’t blame them. the DoT inspection station is about a block and half away.
sounds good, but…………..
Contrary to the previous post, there are NO PROJECTS north of Waterfront Station. None at all.
And I’m excited about this project. A new “Sexy Safeway” (like the one across the Mall by Mt. Vernon Square) will make a HUGE difference. There are MANY white-collar workers who live in the area who simply don’t visit this Safeway because it’s so bad (run-down, poor/slow service, sometimes low on stock) — and this is the only grocery store in SW (so they must be going to another quadrant to do their grocery shopping). I believe that a brand-new store will really pull the gentrification out of the woodwork, so to speak.
Also, keep in mind that this is the first project of many. Don’t forget about the Southwest Waterfront renovations that will start in the coming years! $1.5 billion is a lot of money, even if it doesn’t sound like much when compared to the recent “bailouts.” And even if there’s not a firm timeline yet, DC *has* committed the money for the project, so it *will* happen once the economy picks back up.
So we have Waterfront Station, which will be nice and new; the Southwest Waterfront, which is currently underdeveloped but won’t be for long; the baseball stadium area in Near Southeast, which has already been redeveloped, with much more coming once the economy turns around. So we have three blocks in between where there are projects and there are few plans for the area.
Having said that, there are still projects in Chinatown, too, but I don’t think anyone would deny the massive turnaround that has occurred in that area over the last ten years.
Thankfully, I’m not planning on going anywhere soon, so I’m not worried about selling the condo that I bought a year ago. I feel for your friend; right now is a terrible time for anyone trying to sell a home.
I tend to agree with IWND.
There are a few places in SW that I like, and I like more modern houses with windows and light. I have friends that live in Capitol Park, and I like their house a lot, and they’re in a range I can almost afford. But there’s PJ’s across the street. No thanks.
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“a block east and you have the projects. a block north, and you have the projects.”
East yes. North no. North of this project are quaint rowhouses, housing mostly young professionals, and condominiums.
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[…] the progress of the new Waterfront Station project in SE and it looks like a lot has been going on since they topped out in May. As you can see the full exterior is up along with most of the windows. Something that we […]
What project neighborhood is to the east?
I am also interested in “The Yards” which is going to be built in SE DC (on the west side of the river). What do you all think about that area?